Singapore: The Illusion of Paradise—The Reality of Moving and the Preparedness Required

 

Known as a “tax haven,”

 

Singapore has attracted the wealthy with its low tax rates, absence of capital gains tax, and no inheritance tax, making it a hotspot for investment from abroad.

 

However, after years of serving as a private banker here, I have come to realize that beneath this sparkling image,

 

 

Singapore is undergoing a major transformation.

 

The Golden Age Gone—The Light and Shadow of the Immigration Boom

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